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PPP Loan Data — Ascent LLC, Saint Louis, MO

SBA PPP loan data, payroll data, and salaries for Ascent LLC
MO

Ascent LLC

Entity: Limited Liability Company (LLC)

Industry: Computer Facilities Management Services

Location: Saint Louis, MO

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Ascent LLC is a limited liability company (LLC) located at 2350 Ball Dr in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,932,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.93M

Jobs Retained:

166

Loan Approved:

2020-04-13

Lender:

PNC BANK, NATIONAL ASSOCIATION

Ascent LLC in Saint Louis, MO received a Paycheck Protection Loan of $2.93M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ascent LLC's total 2019 payroll expenses were approximately $14.07M in order to qualify for the PPP loan amount received.

Based on their reported 166 jobs retained, this equals an estimated average yearly compensation of $84,784 per employee1.

Because the loan received by Ascent LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Ascent LLC in Saint Louis, MO

Ascent LLC
2350 Ball Dr
Saint Louis, MO 63146

Business Industry

Computer Facilities Management Services (NAICS code 541513)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-01

Similar Companies near Saint Louis

In the Saint Louis area, 2 businesses in the "Computer Facilities Management Services" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 166) and received an average PPP loan of $1,517,794 (compared to this company's $2.93M).

Similar Nearby Businesses Who Received PPP Funding:

DCI Kansas City LLC
Saint Louis, MO

$103,488 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,889 businesses in the "Computer Facilities Management Services" industry received a total of $318,937,165.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 94% lower than Ascent LLC's reported 166 employees, and received an average PPP loan of $168,839, 94% lower than this company's loan of $2.93M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ascent-llc-saint-louis-mo